RailTel clocks highest turnover of Rs 903 crore -Governance Now

RailTel clocks highest turnover of Rs 903 crore

It has proved to be a key contributor in changing telecom and ICT scenario in the country

GN Bureau | September 26, 2017

#PSU #RailTel #turnover #ICT

RailTel has achieved highest ever turnover of Rs 903 crore and clocked a profit before tax (PAT) of Rs 194 crore and net profit of Rs 130 crore in financial year 2016-2017.

RailTel has said that the past year has been remarkable for it as the railway PSU has proved itself to be a key contributor in changing telecom and ICT scenario in the country. The enterprise is an integral part of Digital India initiative which envisages creating a digital society for inclusive growth, a release said.

RailTel has taken a lead in providing fast Wi-Fi for the use of passengers at 700 A1, A and B category railway stations. The enterprise roped in Google as the technology partner for setting up fast Wi-Fi network. So far, 182 stations have been enabled with Wi-Fi facility and the services are being used by 7 million users per month.

Besides, RailTel has started a project of providing RailWire Wi-Fi at 200 rural stations as a pilot project as it will cater to rural areas where the internet service is either unavailable or not up to the mark.

Comments

Other News

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the

How the Great War of Mahabharata was actually a world war

Mahabharata: A World War By Gaurang Damani Sanganak Prakashan, 317 pages, Rs 300 Gaurang Damani, a Mumbai-based el

Budget expectations, from job creation to tax reforms…

With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget presented in February was a typical vote-on-accounts, allowing the outgoing government to manage expenses in

How to transform rural landscapes, design 5G intelligent villages

Futuristic technologies such as 5G are already here. While urban users are reaping their benefits, these technologies also have a potential to transform rural areas. How to unleash that potential is the question. That was the focus of a workshop – “Transforming Rural Landscape:

PM Modi visits Rosatom Pavilion at VDNKh in Moscow

Prime minister Narendra Modi, accompanied by president Vladimir Putin, visited the All Russian Exhibition Centre, VDNKh, in Moscow Tuesday. The two leaders toured the Rosatom Pavilion at VDNKh. The Rosatom pavilion, inaugurated in November 2023, is one of the largest exhibitions on the histo

Let us pledge to do what we can for environment: President

President Droupadi Murmu on Monday morning spent some time at the sea beach of the holy city of Puri, a day after participating in the annual Rath Yatra. Later she penned her thoughts about the experience of being in close commune with nature. In a message posted on X, she said: